Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: greeneyes
***I noticed it was reported that Russia is now divesting of all dollars, and will no longer accept dollars as payment for it’s products/oil etc. Euro, Yuan, Ruble(RUB), but no USD. They also have stockpiled a lot of Gold-as have most of the Central Banks these last few years***

I have heard also. Rejecting the dollar and buying gold serves two purposes: suppress the dollar as the world's reserve currency AND obtaining real property, as I said. What lends credibility to this is that the Yuan is as worthless - or more so - than the dollar. Owning gold seems to just be 'hedging your bet'.

Russia will accept the Yuan and China will accept the Ruble - both of questionable currency competitive value; it looks to me that the dollar is beginning to slide... certainly against the Euro, the Yen and the Pound Sterling.

1,898 posted on 06/10/2021 7:41:40 PM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
[ Post Reply | Private Reply | To 1888 | View Replies ]


To: Bob Ireland

The Congresscritters are busy trying to help destroy the dollar with trillions of spending sooner or later ..KaBOOM.


1,909 posted on 06/10/2021 8:16:37 PM PDT by greeneyes ( Moderation In Pursuit of Justice is NO Virtue--LET FREEDOM RING)
[ Post Reply | Private Reply | To 1898 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson